A Step-by-Step-Guide on how to buy Bitcoin Rhodium (XRC)
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Bitcoin Rhodium (XRC) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find Bitcoin Rhodium (XRC) Once your deposit has been confirmed, you will now have access to your finances and you can commence invest and trading. To invest in Bitcoin Rhodium (XRC) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. To spot Bitcoin Rhodium (XRC), you'll need to insert the cointype (XRC) into the search-box, which is highlighted in the picture. Be certain of having selected the correct pairing, we've marked this also. Click on “XRC/BTC” to advance.
Step 4 – Buy Bitcoin Rhodium (XRC) After you've found Bitcoin Rhodium (XRC), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to create our own Limit Order. The ”Price” field will be automatically filled with the most latest tariff Bitcoin Rhodium (XRC) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of XRC you want to buy. The ”Total” field is the aggregated price in BTC that you will pay for the whole volumen of XRC. When you're happy, click on “Buy XRC”. Your plan will be filled when a Seller sells their XRC for the price you offered.
Step 5 – Withdraw Bitcoin Rhodium (XRC) Unless you are frequently trading, you should never keepyour crypto on an Crypto Exchange for an extensive time period. To take off your Bitcoin Rhodium (XRC), go to the tab called “Funds” and click on “Withdraw”. Bitcoin Rhodium (XRC) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Rhodium (XRC) by using the given drop-down box. Enter the volumen of Bitcoin Rhodium (XRC) you'd wish to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address. When you are happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.